MUST KNOW REAL ESTATE TERMINOLOGIES. Important terms Acre – Often used in Indian real estate unit of measurement of a big chunk of land area. 1 Acre is equals 43560 sqft. Allottee – A person who is allotted a property, either by a government body/authority or by a developer. Agent – Agent in real estate is usually referred to the Realtor or Broker. An agent plays...
April 2021
4 KEY DRIVERS OF REAL ESTATE GROWTH IN INDIA. Real Estate refers to land, as well as any physical property or improvements affixed to the land, including houses, buildings, landscaping, fencing, walls, etc. The key demand drivers of the real estate industry are the residential properties, office spaces, retail space, hotels,...
‘Undivided Share of Land’ (UDS) in the apartment: Undivided share of land Most important awareness in any real estate purchase in an apartment. Buyers often decide their property purchase based on the factors like built-up area offered and the additional amenities attached to the flat. But most important awareness in any real estate purchase in an apartment which is the actual land that...
Telangana government earmarks Rs 400 crore for taking up the land survey While it is estimated that Rs 600 crore would be needed for a complete survey government allocated Rs 400 crore. The balance will be released in the 2022-2023 fiscal. For taking up an integrated and comprehensive land survey in the state, the government has earmarked Rs 400 crore in the upcoming financial year. The...
Telangana government to crack the whip on illegal land schemes It added: “... the sale of UDS lands without prior registration of the project with TS-RERA shall attract penalty up to 10% of the total project cost under Section 59 of the RERA Act, 2016.” HYDERABAD: Cracking the whip for the first time on developers illegally selling undivided share (UDS) of land in realty projects, the...
TRANSFER OF DEVELOPMENT RIGHTS (TDR) WHAT IS TDR? Transfer of Development Rights (TDR) means making available a certain amount of additional built-up area in lieu of the area relinquished or surrendered by the owner of the land, so that he can use extra...
121 sq yards Land offered to farmers A blueprint of a nearly 500-acre residential layout developed within Hyderabad Pharma City for the affected property owners In a bid to convince landowners to part with their property for the prospective Hyderabad pharma city on the outskirts of the city, the state government has offered an additional 121-square yard (a gunta) developed plot per acre of...
FTL LAND (FULL TANK LEVEL)Full Tank LevelFTL means Full Tank Level, which is a waterbody like Lakes, ponds, Nalas, Kuntas ,.etc wherein any kind of constructions or developments are prohibited in and around the said FTL zones, It has a buffer zone demarcated around the FTL zone to protect the waterbodies from any futher enchroachments. If any constructions are done those cannot be considred as legal and...
SERVICES OFFERED IN DHARANI Dharani is a Telangana Government (TS) Integrated Land Records Management Portal. The official website of Maa Bhoomi...
REGIONAL RING ROAD TELANGANA In a major infrastructure boost, the Centre has cleared the proposal for construction of a 348-km Regional Ring Road (RRR) that would connect all the districts in the State with Hyderabad....